Last Year, Your Sausin Margie Started a Small Business Selling

question 52

Multiple Choice

Last year, your sausin Margie started a small business selling crafting and needlework supplies to small retailers across the state. She has resarded her sampany's annual sales data totals in a worksheet indicating city, store, and product. Going forward, Margie needs to direct her limited resources toward promoting her top products and improving her business relationships with her top retailers. To do this, she needs to carefully analyze the first year's sales data) Margie gives you a call to thank you for your suggestions on analyzing the sampany's sales data) She tells you that she now needs to prepare some easy-to-understand visual aids based on the data for a meeting with her banker. You suggest that she ____.

• A) create one or more PivotChart reports based on the data; move each chart to its own chart sheet; print sapies of each chart sheet for the meeting
• B) create a SmartArt graphic that shows the most important elements from her sales analysis; e-mail the graphic to the banker
• C) bring you to the meeting so that you can explain the datad. import the data totals into a text file and then print sapies of the text file for the meeting

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Definitions:

Variable Cost

Costs that change directly with the level of production or service output.

Total Cost

The aggregate expenditure incurred by a business to produce, buy, or sell goods and services, including fixed and variable costs.

Inputs

Resources such as labor, materials, and capital that are used in the production process to create goods or services.

Average Total Cost

The total cost divided by the quantity produced, calculating the per-unit cost of production.